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Penelope Bourbon Bottle Price Guide (2024 Updated)

Penelope buying guide

Last Updated on February 23, 2024 by Lydia Martin

Penelope bourbon is relatively young in the bourbon whiskey race, released only in 2018. The bourbon has a unique and interesting name, quite new and fresh-sounding than bourbon brand names.

Amidst being a “baby,” this bourbon quickly attracted many bourbon fans.

However, it could be risky to try out new bourbons without knowing what the brand could offer.

Read on to know more about Penelope bourbon – price, history, and more.

All About Penelope Straight Bourbon Whiskey 

Penelope Straight Bourbon Whiskey

Penelope straight bourbon whiskey is named after the daughter of Mike Paladini, the bourbon’s founder.

It’s not a secret that Penelope sources its bourbon, MGP in Indiana distills it, and Castle & Key distillery blends and bottles it.

This bourbon is the brand’s signature Four Grain straight bourbon whiskey, blended from three complex bourbon mash bills. Each bourbon barrel is hand-selected and blended into a single batch, giving it extra smoothness and flavor. 

This Four Grain straight bourbon whiskey is 80 proof, non-chill-filtered, offering spicy, butterscotch, brown sugary, and vanilla flavor notes.

Interesting Facts 

Interesting Facts 

History & Origin

Penelope bourbon came into existence when Mike Paladini and Kerry, his wife, found out they were expecting a baby girl.

Mike realized he wanted to commemorate the birth of his child, so he decided to craft a spirit embodying the daily joy of celebrating life’s pleasures.

Mike then teamed up with his childhood friend and neighbor, Danny Polise, to craft this whiskey they thought everyone would love. Together, they founded Penelope bourbon in 2018.

Today, Penelope bourbon can be bought in over 26 states and four countries.

How It’s Made

Bourbon Mash Bill Process

Penelope bourbon is sourced in MGP in Indiana, where three blends of bourbon mash bills are used to craft this Four Grain spirit. The three blends use four grains comprising corn, rye, wheat, and malted barley.

The blends are from MPG in Lawrenceburg, Indiana, but the company sources its barrels in Speyside Cooperage. Then, the Castle & Key distillery [1] blends the bourbon mash bills and bottles the final product.

Aging Process & Age Statement

Penelope bourbon is aged in number four char barrels with number two char heads. The blends are aged two to three years. 

This bourbon is non-chill-filtered and then bottled at 80 proof.

Mash Bill & Alcohol Content

Bourbon Mash Bill Ingredients

Penelope bourbon is sourced in an Indiana-based MGP distillery comprising a mash bill containing four grains. This Four Grain straight bourbon whiskey uses 75% corn, 7% rye, 15% wheat, and 3% malted barley.

This bourbon [1] contains 40% alcohol by volume, which some bourbon brands also have. This bourbon may offer a smooth, welcoming palate to beginners.

However, seasoned bourbon enthusiasts who like their spirits with a kick might think otherwise.

Ownership & Distillery

Mike Paladini and Daniel Polise founded Penelope bourbon. Mike is currently the brand’s CEO, while Daniel is the COO. 

The Penelope Four Grain straight bourbon whiskey is sourced in MGP Ingredients, Inc, an Indiana-based distillery founded in 1847. 

On Penelope bourbon’s website, you’ll also see the name of Bardstown Bourbon Company. The brand acknowledges the giant Kentucky-based distillery as one of its high-valued partners.

Tasting Notes 

Tasting Notes 


Penelope bourbon has slight leather, sweet fruit and grain, and very slight cream, candied cherry forward notes.


This bourbon has a warm amber color.


After your first sip, your nose will be greeted with light oak, syrup, balanced corn sweetness and caramel, a dynamic aroma profile, and savory notes.


This bourbon has a cornbread and slight buttercream-y (like icing) finish, accompanied by lingering vanilla spice.

Common Penelope Four Grain Straight Bourbon Whiskey Price

Common Penelope Four Grain Straight Bourbon Whiskey Price

Type Size Alcohol By Volume Average Price
Penelope Four Grain Straight Bourbon Whiskey 750 ml 40% Around $39.99 

Compared to Other Bourbons



Larceny Small Batch Bourbon is cheaper than Penelope Four Grain straight bourbon whiskey. You can score a bottle of Larceny bourbon at around $28.99 per 750 ml, almost $10 cheaper than Penelope’s. 

This wheated bourbon has a higher alcohol proof of 92 and contains wheat and rye, like Penelope bourbon. It has a smooth and velvety finish.

Evan Williams

Evan Williams

Evan Williams bourbon is cheaper than Penelope and Larceny bourbons. Evan Williams only costs around $17.99 for a 1L bottle. It also has a higher proof (86) than Penelope’s. 

This smooth, rich bourbon has a medium amber color with brown sugar, oak, and caramel-tasting notes with a medium to long finish.

Knob Creek

Knob Creek

Knob Creek bourbon is cheaper than Penelope by barely $2. This bourbon costs around $37.99 per 750ml. This has a higher alcohol proof (100) than Penelope, offering an unflinching balance of deep flavor profile (pre-Prohibition style) with a robust oak taste. 

It has a rich, woody, sweet, full-bodied, almost fruity tasting notes and a copper to medium amber color.

Popular Penelope Bourbon Whiskey Cocktail Recipe

Popular Penelope Bourbon Whiskey Cocktail Recipe

Penny Lane Mint Julep

Mint Julep

Prep Time: 3 minutes

Total Time: 3 minutes


  • 1.5 oz Penelope bourbon
  • 3-4 Chopped fresh mint leaves
  • 1 oz simple syrup
  • 1-2 Strawberries
  • 3 oz Natalie’s Strawberry lemonade
  • Fresh mint sprigs for garnish
  • Lemon slices, for garnish

Instructions: Muddle the strawberry and mint leaves with simple syrup in a julep cup or an old-fashioned glass, then top them with ice. 

In an ice-filled cocktail shaker, combine Strawberry lemonade and bourbon. Shake the mixture until well chilled, then pour into a glass. Garnish the cocktail with lemon slices and fresh sprigs of mint.

Serving: 1

Big Pippin

Prep Time: 5 minutes

Total Time: 5 minutes


  • 2 oz Penelope bourbon
  • ½-1 oz Agave nectar 
  • 2 Basil leaves
  • 1 oz fresh lemon juice
  • ¼ cup blackberries
  • Club soda for topping

Instructions: Muddle the blackberries and Basil leaves with the agave nectar. Remember to adjust the amount of agave nectar to the sweetness and tartness of the berries. 

Fill the glass halfway with ice, and then add the lemon juice and Penelope bourbon. Stir well. Add more ice to the glass before topping the mixture with club soda. Garnish with fresh blackberries, and Basil leaves.

Serving: 1


Is Penelope Bourbon hard to find?

Yes, Penelope bourbon can be hard to find, especially if you are outside New Jersey [2]. Penelope bourbon had released a limited bottling of 1900 bottles only. 

How many calories does Penelope bourbon have?

A 1.5-ounce pour of Penelope bourbon only contains 100 calories, which is pretty low compared to other bourbon brands.

Having a low-calorie content is one of Penelope bourbon’s advantages over the other brands.

Final Thoughts 

Penelope Four Grain straight bourbon whiskey was released in 2018 and named after its founder, Mike Paladini’s daughter. This bourbon whiskey has 80 alcohol proof with only 100 calories per 1.5-ounce pour. 

It contains three bourbon mash bills comprising four grains: corn, wheat, rye, and malted barley, sourced in an Indiana-based MGP distillery. You can score a bottle of this unique bourbon at around $39.99, which could be relatively expensive to some.


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